Bank of America Corporation

Bank of America Corporation was formed in 1998 through the merger of NationsBank and BankAmerica; its principal executive offices are in Charlotte, North Carolina. The group operates through Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets.

At December 31, 2025, Bank of America reported $3.4 trillion in assets and approximately 213,000 employees. It served clients across the U.S., its territories and more than 35 countries, including approximately 69 million consumer and small-business clients.

Its strongest businesses are U.S. consumer and small-business banking, Merrill wealth management, commercial lending and treasury services, investment banking, and sales and trading. Merrill reported $4 trillion in client balances at year-end 2025, supported by 25,000 professionals across more than 500 offices.